Gazprom and Eni to sign the second supplement to the memorandum on the "South Stream"

May 15 in Sochi chairman of Gazprom Alexei Miller CEO of Italian Eni, Paolo Skaroni sign the second supplement to the memorandum of understanding on the project "Southern stream". This was announced to journalists Press Secretary to the Prime Minister of Russian Federation Dmitry Peskov. The signing will take place at the meeting the President of the Government of Russian Federation Vladimir Putin with the Prime Minister of Italy Silvio Berlusconi. Gas pipeline "Southern stream" must be from the Black Sea coast of Russia to Bulgaria or Romania, and then continue to the south of Italy and Austria. Power of the new pipeline is planned in the amount of 31-47 billion cubic meters a year. Estimated cost - up to 25 billion euros. Zzadacha "Southern stream" - to circumvent the Ukraine, the Memorandum on "Southern stream" Russia and the Italian company signed on 23 June 2007. It identifies areas of cooperation the two companies in the field of designing, financing, construction and management of the pipeline system.